If you are like me, or the rest of the trading world, you have been scratching your head in disbelief, while watching not only the major indices regain what they lost after the beginning of the COVID pandemic, but for some like the NASDAQ, go to new highs. Let’s remember the markets were considered overvalued … Continue reading
Everybody take a breathe!
I have seen this before, and more than once. 1987 stock crash (Black Monday) I had to remind people that they will still have their dogs bark in the morning. The Sun will come up, and the dam birds will chirp. In that situation, it only lasted two days but the market started a gigantic … Continue reading
Interest Rates: A Race to the Bottom?
This month’s move by the Federal Reserve Bank to lower interest rates for the first time in a decade may prove to be a “boondoggle”. This was done on the backdrop of all the economic indicators in the U.S. posting continuously showing record employment, rising wages, all time historic high stock index prices, and record … Continue reading
Back to the Future, The Monster is Here
It must be something in the Human DNA. People are always intrigued with what the future will look like. Never satisfied with how things are, it is our ever-longing desire to improve, innovate, invent, and drive forward. This includes faster, better, cleaner (sometimes), and easier. By the time you get to the end of this … Continue reading
Here’s to the Crazies as well as the “Naysayers”
Thank goodness for both! I was scrolling through my Facebook feed over the last few days and I have seen a simple yet “catchy” ad for an investment crowdfunding platform. Now for the record, as you know, I despise this model, as it goes against every bone in my body for what my firm was … Continue reading